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HSBC Software Development Software Engineer salaries in India (Updated 2025)

Annual salary range
1 - 6 years exp.
₹3.8 Lakhs - ₹15 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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7% more than the average Software Engineer Salary in Software Product Companies for 1 - 6 years of experience

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Salaries in different departments

Engineering - Software & QA
Software Engineer Salary
1 - 6 years exp. (684 salaries)
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₹3.8 L/yr - ₹16 L/yr

Engineering - Hardware & Networks
Software Engineer Salary
1 - 6 years exp. (36 salaries)
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₹4.6 L/yr - ₹15.8 L/yr

Data Science & Analytics
Software Engineer Salary
1 - 6 years exp. (31 salaries)
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₹5.3 L/yr - ₹15.5 L/yr

IT & Information Security
Software Engineer Salary
1 - 6 years exp. (28 salaries)
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₹4.4 L/yr - ₹14 L/yr

Last Updated: 2 Apr 2025

Companies similar to HSBC Software Development for Software Engineer

Company name Avg Annual Salary Open Jobs
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HCLTech Software Engineer Salary

0 - 5 years exp. (23.5k salaries)

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₹1.9 L/yr - ₹8 L/yr

arrow icon 48% less
1 job opening
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Capgemini Software Engineer Salary

0 - 8 years exp. (18.9k salaries)

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₹1.8 L/yr - ₹11 L/yr

arrow icon 31% less
112 job openings
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Accenture Software Engineer Salary

0 - 8 years exp. (17.4k salaries)

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₹3.6 L/yr - ₹13.8 L/yr

arrow icon 9% less
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Persistent Systems Software Engineer Salary

0 - 5 years exp. (4.5k salaries)

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₹2.5 L/yr - ₹12 L/yr

arrow icon 26% less
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Optum Global Solutions Software Engineer Salary

0 - 7 years exp. (2.7k salaries)

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₹6.4 L/yr - ₹24 L/yr

arrow icon 47% more
6 job openings
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Cisco Software Engineer Salary

0 - 16 years exp. (2.7k salaries)

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₹9.8 L/yr - ₹40 L/yr

arrow icon 192% more
31 job openings
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Coforge Software Engineer Salary

0 - 5 years exp. (2k salaries)

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₹2 L/yr - ₹9.5 L/yr

arrow icon 42% less
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NeoSOFT Software Engineer Salary

1 - 6 years exp. (2k salaries)

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₹3.5 L/yr - ₹14 L/yr

arrow icon 11% less
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Xoriant Software Engineer Salary

1 - 6 years exp. (1.7k salaries)

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₹4.5 L/yr - ₹14.5 L/yr

arrow icon 2% less
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Quest Global Software Engineer Salary

1 - 5 years exp. (1.8k salaries)

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₹2.8 L/yr - ₹9.3 L/yr

arrow icon 43% less
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Amazon Software Engineer Salary

0 - 7 years exp. (1.8k salaries)

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₹24.4 L/yr - ₹55.2 L/yr

arrow icon 240% more
6 job openings
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FIS Software Engineer Salary

0 - 6 years exp. (1.7k salaries)

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₹4 L/yr - ₹15.5 L/yr

At par
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Siemens Software Engineer Salary

1 - 8 years exp. (1.5k salaries)

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₹6 L/yr - ₹25 L/yr

arrow icon 54% more
32 job openings
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₹3 L/yr - ₹12.3 L/yr

arrow icon 15% less
30 job openings
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Capgemini Engineering Software Engineer Salary

1 - 6 years exp. (1.3k salaries)

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₹3.5 L/yr - ₹11.8 L/yr

arrow icon 12% less
11 job openings
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Dell Software Engineer Salary

0 - 7 years exp. (1.1k salaries)

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₹5.1 L/yr - ₹18.5 L/yr

arrow icon 26% more
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Nagarro Software Engineer Salary

1 - 4 years exp. (895 salaries)

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₹3 L/yr - ₹12.2 L/yr

arrow icon 24% less
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ValueLabs Software Engineer Salary

2 - 6 years exp. (819 salaries)

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₹7.5 L/yr - ₹14.4 L/yr

arrow icon 3% less
2 job openings
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Concentrix Corporation Software Engineer Salary

2 - 7 years exp. (781 salaries)

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₹4.1 L/yr - ₹14.6 L/yr

arrow icon 2% more
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Tata Elxsi Software Engineer Salary

0 - 4 years exp. (718 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 41% less
View all
Software Engineer salary at HSBC Software Development ranges between ₹3.8 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 903 latest salaries received from various employees of HSBC Software Development.

Latest annual salaries shared by HSBC Software Development Software Engineer

3d ago
₹11.4 Lakhs
2 years exp.
3d ago
₹11.4 Lakhs
2 years exp.
3d ago
₹11.4 Lakhs
2 years exp.
1w ago
₹14 Lakhs
4 years exp.
1w ago
₹14 Lakhs
4 years exp.
2w ago
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2 years exp.
2w ago
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6 years exp.
2w ago
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3 years exp.
2w ago
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6 years exp.
2w ago
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6 years exp.

Experience wise HSBC Software Development Software Engineer salaries

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
1 year  (113 salaries)

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₹4.6 L/yr - ₹11 L/yr
2 years  (216 salaries)

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₹4 L/yr - ₹15.5 L/yr
3 years  (186 salaries)

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₹3.8 L/yr - ₹14 L/yr
4 years  (156 salaries)

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₹3.9 L/yr - ₹16 L/yr
5 years  (143 salaries)

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₹4.6 L/yr - ₹17.1 L/yr
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Similar Designation salaries in HSBC Software Development

Lead Software Engineer Salary
(AmbitionBox Estimate)
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₹26.1 L/yr - ₹33.3 L/yr
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₹7 L/yr - ₹12 L/yr
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₹3.2 L/yr - ₹7.6 L/yr
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₹7.39 L/yr - ₹28 L/yr
Lead Engineer Salary
(3 salaries)
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₹24 L/yr - ₹50 L/yr
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₹3.9 L/yr - ₹14.8 L/yr
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₹3.6 L/yr - ₹8.15 L/yr
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₹5 L/yr - ₹11.8 L/yr
Senior Developer Salary
(AmbitionBox Estimate)
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₹14 L/yr - ₹17.8 L/yr
Web Developer Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr

Salary related reviews for HSBC Software Development

3.6

Rated by 103 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 14 Dec 2021

2.0
 for  Salary and Benefits

Likes

1. Work- life balance can be good if your team is supportive. 2. European work culture can be seen in some teams if managers are cool.

read more
  • Job security - Good
  • +1 more

Dislikes

1. Poor compensation. 2. Place is filled with vendors which affects the team culture alot. Vendors generally agree to work longer hours, which forces entire team to work longer. 3. Technology exposure is very limited. 4. The cool factor with software engineer is missing because decisions are largely bank influenced.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 28 Jul 2018

3.0
 for  Salary and Benefits

Likes

Two things are like about working at HSBC : work life balance and Job security. Salary pay hike is according to market standard.

read more
  • Job security - Good
  • +1 more

Dislikes

Travel: Only short-term travel for 2-3 weeks You wont get chance to work on new technologies. Career growth is very slow.

read more

Engineering - Software & QA Department

4.0
  •  posted on 29 Dec 2020

4.0
 for  Salary and Benefits

Likes

Fixed compensation, scope to learn any technology, moderately safe for job security till consultant specialist, many online subscriptions like Coursera, orielly, linkedIn learning etc.

read more
  • Salary - Good
  • +6 more

Dislikes

Only dislike: Everything is manager dependent, if you get stuck old technology and if there is not kuch work under your manager, tough to switch teams and technology.

read more

Engineering - Software & QA Department

4.0
  •  posted on 20 Apr 2019

4.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that Global Services Delivery quality service and product and has a global client base..

read more
  • Salary - Good
  • +4 more

Dislikes

Compensation is decent, but growth is slow. Managers don't value an individual unique strengths, which is why I have to take back my suggestion most of the time. I do receive appreciation email from my client, but they mostly go unnoticed during my year appraisal.

read more
  • Job security - Poor

Engineering - Hardware & Networks Department

4.0
  •  posted on 05 Mar 2019

5.0
 for  Salary and Benefits

Likes

It’s a very good place to work in Hsbc. You can find very good colleagues and good salary. You can learn politics as well. Have very good chances to do innovation activities. Work life is wonderful.

read more
  • Salary - Excellent
  • +2 more

Dislikes

Nothing.

see more salary related reviews

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HSBC Software Development Software Engineer Salary FAQs

What is the salary of Software Engineer at HSBC Software Development ?
The average salary of a Software Engineer at HSBC Software Development in India typically ranges from ₹3.8 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Software Engineer at HSBC Software Development earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹16.7 Lakhs per year. Software Engineer Salaries at HSBC Software Development can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 900+ HSBC Software Development employees in India.
What is the estimated take home salary of a Software Engineer at HSBC Software Development in India?
The estimated take-home salary of a Software Engineer at HSBC Software Development in India typically ranges from ₹66,272 to ₹67,966 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 1 year to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 900+ salaries received from various employees of HSBC Software Development. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HSBC Software Development for Software Engineer in India?
Amazon ₹24.4 Lakhs to ₹55.2 Lakhs per year
Cisco ₹9.8 Lakhs to ₹40.0 Lakhs per year
S&P Global ₹10.0 Lakhs to ₹35.0 Lakhs per year
Amazon Development Centre India ₹16.8 Lakhs to ₹30.0 Lakhs per year
FactSet ₹6.6 Lakhs to ₹26.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HSBC Software Development, depending on the role and experience level.
What is the salary of a Software Engineer in companies similar to HSBC Software Development in India?
The salary of a Software Engineer at companies similar to HSBC Software Development in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Siemens ₹6.0 Lakhs to ₹25.0 Lakhs per year
Optum Global Solutions ₹6.4 Lakhs to ₹24.0 Lakhs per year
Dell ₹5.1 Lakhs to ₹18.5 Lakhs per year
Unisys ₹4.0 Lakhs to ₹15.8 Lakhs per year
Concentrix Corporation ₹4.1 Lakhs to ₹14.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Software Engineer at HSBC Software Development in India?
The salary growth for a Software Engineer at HSBC Software Development depends on factors such as experience, performance, and promotions. On average, a Software Engineer can expect the following growth trajectory at HSBC Software Development:

Experience Average Salary Range
1 year ₹4.6 Lakhs to ₹11.0 Lakhs per year
2 years ₹4.0 Lakhs to ₹15.5 Lakhs per year
3 years ₹3.8 Lakhs to ₹14.0 Lakhs per year
4 years ₹3.9 Lakhs to ₹16.0 Lakhs per year
and so on.

Tell us how to improve this page.

HSBC Software Development Software Engineer salary in India ranges between ₹3.8 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 903 HSBC Software Development latest salaries received from various employees of HSBC Software Development.